Unilever FY24 Outlook Unchanged With 3%-5% USG And An Underlying Operating Margin Of At Least 18%

Benzinga · Oct 25 00:24

Outlook

Our full year 2024 outlook is unchanged.

We continue to expect underlying sales growth (USG) for 2024 to be within our multi-year range of 3% to 5%, with the majority of the growth being driven by volume.

Underlying operating margin for the full year is expected to be at least 18%, with increasing investment behind our brands. We expect the year-on-year margin progression in the second half to be smaller than in the first half.

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Unilever FY24 Outlook Unchanged With 3%-5% USG And An Underlying Operating Margin Of At Least 18%

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